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Spend Analysis: Best Practices

Precoro

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

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10 Things to Consider in the Global Economy

NC State SCRC

I presented the keynote to the group of procurement executives gathered, speaking on the subject of “The New Reality of Supply Chain Ecosystems”, which addresses many of the emerging issues that face supply chain executives in the digital world. Crude oil is a benchmark which was at a low of $29 in Jan 2016 – now around $50.

Global 40
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The Evolving Landscape of Artificial Intelligence (AI) in Supply Chains & Logistics

ThroughPut

ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. Generally, there are many inventory related variables like order processing, picking and packing, and this can become very time-consuming with a high tendency for error. 5) INVENTORY AND DEMAND MANAGEMENT.